IBPS Clerk 2018 Mains: GA Test Day 18

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Question 1 of 20

1. Question

1 points

Category: Current Affairs

What was the theme of Universal Children’s Day celebrated on 20th November 2018?

Children are taking over and turning the world blue

Children are the heroes of tomorrow

Children are the pillars of tomorrow

Children and technology

None of these

Correct

Answer – 1) Children are taking over and turning the world blue Explanation: Universal Children’s Day is celebrated on 20th November every year to promote international togetherness, awareness among children worldwide, and improving children’s welfare. 2018 theme: Children are taking over and turning the world blue. November 20th is an important date which marks the day on which UN General Assembly adopted the Declaration of the Rights of the Child in 1959, and the Convention on the Rights of the Child, in 1989.

Incorrect

Answer – 1) Children are taking over and turning the world blue Explanation: Universal Children’s Day is celebrated on 20th November every year to promote international togetherness, awareness among children worldwide, and improving children’s welfare. 2018 theme: Children are taking over and turning the world blue. November 20th is an important date which marks the day on which UN General Assembly adopted the Declaration of the Rights of the Child in 1959, and the Convention on the Rights of the Child, in 1989.

Question 2 of 20

2. Question

1 points

Category: Current Affairs

Where did Prime Minister Narendra Modi lay the foundation of India’s first Sri Vishwakarma Skill Development University on 19th November 2018?

Surat, Gujarat

Kanpur, Uttar Pradesh

Palwal, Haryana

Indore, Madhya Pradesh

None of these

Correct

Answer – 3) Palwal, Haryana Explanation: On 19th November 2018, Prime Minister Narendra Modi laid the foundation of India’s first Sri Vishwakarma Skill Development University in Palwal district of Haryana. Prime Minister also inaugurated two projects in Haryana: • Western Peripheral Expressway (WPE), also known as the Kundli-Manesar-Palwal stretch. • 3.2 km-long Escorts Mujesar-Ballabgarh corridor of Delhi Metro’s Violet Line

Incorrect

Answer – 3) Palwal, Haryana Explanation: On 19th November 2018, Prime Minister Narendra Modi laid the foundation of India’s first Sri Vishwakarma Skill Development University in Palwal district of Haryana. Prime Minister also inaugurated two projects in Haryana: • Western Peripheral Expressway (WPE), also known as the Kundli-Manesar-Palwal stretch. • 3.2 km-long Escorts Mujesar-Ballabgarh corridor of Delhi Metro’s Violet Line

Question 3 of 20

3. Question

1 points

Category: Current Affairs

‘Vajra Prahar’, a 12-day long joint military exercise between India and which country was started in Jaipur, on 19th November 2018?

Russia

France

United States

Japan

None of these

Correct

Answer – 3) United States Explanation: On November 19 2018 ‘Vajra Prahar’,a 12-day long joint military exercise between India and the United States was started in Jaipur. US contingent comprises of an United States Pacific Commander and 10 other ranks from the Special Forces Group arrived at Mahajan Field Firing Ranges on November 18 and informed Rajasthan Defence PRO Lt Col Sombhit Ghosh for undertaking Joint training with the Indian Special Forces. Both forces train on different aspects including hostage rescue, building intervention, desert survival, medical aid and combat firing and also undertake a three-day outdoor exercise to validate their practices.

Incorrect

Answer – 3) United States Explanation: On November 19 2018 ‘Vajra Prahar’,a 12-day long joint military exercise between India and the United States was started in Jaipur. US contingent comprises of an United States Pacific Commander and 10 other ranks from the Special Forces Group arrived at Mahajan Field Firing Ranges on November 18 and informed Rajasthan Defence PRO Lt Col Sombhit Ghosh for undertaking Joint training with the Indian Special Forces. Both forces train on different aspects including hostage rescue, building intervention, desert survival, medical aid and combat firing and also undertake a three-day outdoor exercise to validate their practices.

Question 4 of 20

4. Question

1 points

Category: Current Affairs

What is the rank of India in Global Annual talent ranking released by renowned IMD Business School, Switzerland, on 20 November 2018?

45

53

61

34

None of these

Correct

Answer – 2) 53 Explanation: On 20th November 2018,India has slipped two places to rank 53rd Position in Global Annual talent ranking released by renowned IMD Business School, Switzerland on 20 November 2018.Switzerland retained the top Position for the fifth consecutive year.Denmark attained 2nd rank,while Norway attained 3rd Rank. India ranked at 51st Position in 2017. Singapore also topped the Asia region with 13th Rank while China is ranked 39th. India ranked 30th Position in Readiness factor but lags in Investment and Development factor in which it ranked below average 63rd rank.

Incorrect

Answer – 2) 53 Explanation: On 20th November 2018,India has slipped two places to rank 53rd Position in Global Annual talent ranking released by renowned IMD Business School, Switzerland on 20 November 2018.Switzerland retained the top Position for the fifth consecutive year.Denmark attained 2nd rank,while Norway attained 3rd Rank. India ranked at 51st Position in 2017. Singapore also topped the Asia region with 13th Rank while China is ranked 39th. India ranked 30th Position in Readiness factor but lags in Investment and Development factor in which it ranked below average 63rd rank.

Question 5 of 20

5. Question

1 points

Category: Current Affairs

Name the chief minister who was conferred “Universal Acceptance Thought Leader award” by UASG (Universal Acceptance Steering Group) on 13th November 2018?

Vasundhara Raje

Chandrababu Naidu

Devendra Fadnavis

Yogi Aditynanth

None of these

Correct

Answer – 1) Vasundhara Raje Explanation: On 13th November 2018, UASG (Universal Acceptance Steering Group) conferred “Universal Acceptance Thought Leader award” on Rajasthan Chief Minister Vasundhara Raje for providing Rajmail email service for citizens of Rajasthan in local script. UASG has recognised the work of Vasundhara Raje and IT Department for Rajmail project that offers access to email address to people in Rajasthan in Indic script. The technology for Rajmail was developed by Data XGen Technologies, a Rajasthan based firm. Vasundhara Raje was also awarded the ‘Chief Minister of the Year’ award in 2018.

Incorrect

Answer – 1) Vasundhara Raje Explanation: On 13th November 2018, UASG (Universal Acceptance Steering Group) conferred “Universal Acceptance Thought Leader award” on Rajasthan Chief Minister Vasundhara Raje for providing Rajmail email service for citizens of Rajasthan in local script. UASG has recognised the work of Vasundhara Raje and IT Department for Rajmail project that offers access to email address to people in Rajasthan in Indic script. The technology for Rajmail was developed by Data XGen Technologies, a Rajasthan based firm. Vasundhara Raje was also awarded the ‘Chief Minister of the Year’ award in 2018.

Question 6 of 20

6. Question

1 points

Category: Current Affairs

Name the mobile app launched by National Stock Exchange of India (NSE) for retail investors to buy government securities?

NSE goBID

NSE gSEC

NSEBuySec

NSE Securities

None of these

Correct

Answer – 1) NSE goBID Explanation: National Stock Exchange of India (NSE) launched a mobile app NSE goBID and web based platform for retail investors to buy government securities. Ajay Tyagi, Chairman of Securities and Exchange Board of India(SEBI) launched the NSE goBID App. This platform will allow investors to invest in treasury bills (T-Bills) of 91, 182 and 364 days and government bonds from one year to almost 40 years. The NSE goBID app will be available to all registered retail investors.

Incorrect

Answer – 1) NSE goBID Explanation: National Stock Exchange of India (NSE) launched a mobile app NSE goBID and web based platform for retail investors to buy government securities. Ajay Tyagi, Chairman of Securities and Exchange Board of India(SEBI) launched the NSE goBID App. This platform will allow investors to invest in treasury bills (T-Bills) of 91, 182 and 364 days and government bonds from one year to almost 40 years. The NSE goBID app will be available to all registered retail investors.

Question 7 of 20

7. Question

1 points

Category: Current Affairs

Asian Development Bank (ADB) and the Government of India signed a _____ dollar loan to continue financing the transmission system upgrades in Himachal Pradesh, on 16th November 2018?

$105 million

$95 million

$88 million

$130 million

None of these

Correct

Answer – 1) $105 million Explanation: On November 16, 2018, the Asian Development Bank (ADB) and the Government of India signed a $105 million loan to continue financing the transmission system upgrades in Himachal Pradesh. This was the tranche 3 loan of the $350 million multi-tranche financing facility (MFF) for Himachal Pradesh Clean Energy Transmission Investment Program approved by the ADB Board in September 2011. This loan would help in increased supply of hydropower to the state and the national grid and supports the institutional capacity development of the state transmission utility. The executing agency for this project is: Himachal Pradesh Power Transmission Corporation Limited (HPPTCL).

Incorrect

Answer – 1) $105 million Explanation: On November 16, 2018, the Asian Development Bank (ADB) and the Government of India signed a $105 million loan to continue financing the transmission system upgrades in Himachal Pradesh. This was the tranche 3 loan of the $350 million multi-tranche financing facility (MFF) for Himachal Pradesh Clean Energy Transmission Investment Program approved by the ADB Board in September 2011. This loan would help in increased supply of hydropower to the state and the national grid and supports the institutional capacity development of the state transmission utility. The executing agency for this project is: Himachal Pradesh Power Transmission Corporation Limited (HPPTCL).

Question 8 of 20

8. Question

1 points

Category: Current Affairs

Which bank launched a credit card Named Nexxt Credit Card which is India’s first Interactive card with buttons, on 14th November 2018?

Axis Bank

ICICI Bank

IndusInd Bank

HDFC Bank

None of these

Correct

Answer – 3) IndusInd Bank Explanation: On November 14 2018, IndusInd Bank has launched a credit card Named Nexxt Credit Card which is India’s first Interactive card with buttons. The main feature of this card is that it provides customer the choice of payment options at the point of sale (POS) such as Credit, EMI with four tenure options which are 6, 12, 18, 24 Months and Using Accumulated Reward Points. As per banks the card is loaded with features which will elevate the shopping experience of the customer.

Incorrect

Answer – 3) IndusInd Bank Explanation: On November 14 2018, IndusInd Bank has launched a credit card Named Nexxt Credit Card which is India’s first Interactive card with buttons. The main feature of this card is that it provides customer the choice of payment options at the point of sale (POS) such as Credit, EMI with four tenure options which are 6, 12, 18, 24 Months and Using Accumulated Reward Points. As per banks the card is loaded with features which will elevate the shopping experience of the customer.

Question 9 of 20

9. Question

1 points

Category: Current Affairs

RBI imposed a fine of _____ rupees on Deutsche Bank, for non-compliance with Income Recognition and Asset Classification (IRAC) & Know Your Customer/Anti-money Laundering (KYC/AML) norms, and disclosure of monetary penalties imposed by the regulator, on 14th November 2018?

Rs 3.01 crore

Rs 2.55 crore

Rs 6.01 crore

Rs 1.70 crore

None of these

Correct

Answer – 1) Rs 3.01 crore Explanation: On November 14, 2018, Reserve Bank of India imposed a fine amounting to Rs. 6.1 crores fine on two lenders —- Deutsche Bank and Jammu and Kashmir Bank. The Reserve Bank of India (RBI) has slapped monetary penalty on the two banks for non-compliance with the directions issued by the central bank on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer or Anti-money Laundering (KYC/AML) norms. The RBI has imposed a fine of Rs 3 crore on Jammu and Kashmir Bank while a fine of Rs 3.01 crore has been imposed on Deutsche Bank AG. J&K Bank has been fined for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and Know Your Customer/Antimoney Laundering (KYC/AML) norms. The Deutsche Bank has been fined additionally for non-compliance on disclosure of monetary penalties imposed by the regulator.

Incorrect

Answer – 1) Rs 3.01 crore Explanation: On November 14, 2018, Reserve Bank of India imposed a fine amounting to Rs. 6.1 crores fine on two lenders —- Deutsche Bank and Jammu and Kashmir Bank. The Reserve Bank of India (RBI) has slapped monetary penalty on the two banks for non-compliance with the directions issued by the central bank on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer or Anti-money Laundering (KYC/AML) norms. The RBI has imposed a fine of Rs 3 crore on Jammu and Kashmir Bank while a fine of Rs 3.01 crore has been imposed on Deutsche Bank AG. J&K Bank has been fined for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and Know Your Customer/Antimoney Laundering (KYC/AML) norms. The Deutsche Bank has been fined additionally for non-compliance on disclosure of monetary penalties imposed by the regulator.

Question 10 of 20

10. Question

1 points

Category: Current Affairs

Reserve Bank of India (RBI) imposed a fine of _____ rupees on The Jammu and Kashmir Bank Ltd for non-compliance with Income Recognition and Asset Classification (IRAC) and Know Your Customer/Anti-money Laundering (KYC/AML) norms, on 14th November 2018?

Rs 4.5 crore

Rs 2.5 crore

Rs 3 crore

Rs 1 crore

None of these

Correct

Answer – 3) Rs 3 crore Explanation: On November 14, 2018, Reserve Bank of India imposed a fine amounting to Rs. 6.1 crores fine on two lenders —- Deutsche Bank and Jammu and Kashmir Bank. The Reserve Bank of India (RBI) has slapped monetary penalty on the two banks for non-compliance with the directions issued by the central bank on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer or Anti-money Laundering (KYC/AML) norms. The RBI has imposed a fine of Rs 3 crore on Jammu and Kashmir Bank while a fine of Rs 3.01 crore has been imposed on Deutsche Bank AG. J&K Bank has been fined for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and Know Your Customer/Antimoney Laundering (KYC/AML) norms.

Incorrect

Answer – 3) Rs 3 crore Explanation: On November 14, 2018, Reserve Bank of India imposed a fine amounting to Rs. 6.1 crores fine on two lenders —- Deutsche Bank and Jammu and Kashmir Bank. The Reserve Bank of India (RBI) has slapped monetary penalty on the two banks for non-compliance with the directions issued by the central bank on Income Recognition and Asset Classification (IRAC) norms, Know Your Customer or Anti-money Laundering (KYC/AML) norms. The RBI has imposed a fine of Rs 3 crore on Jammu and Kashmir Bank while a fine of Rs 3.01 crore has been imposed on Deutsche Bank AG. J&K Bank has been fined for non-compliance with the directions issued by RBI on Income Recognition and Asset Classification (IRAC) norms and Know Your Customer/Antimoney Laundering (KYC/AML) norms.